KAR Global and the National Auto Auction Association (NAAA) announced the licensing of KAR’s privacy and security training program, Privacy Pam, for use by NAAA member auctions—including its Canadian members. The update means that, through the NAAA, all member auctions …
The Automobile Journalists Association of Canada (AJAC) recently announced the category finalists of its 2022 Canadian Car of the Year and Canadian Utility Vehicle of the Year awards. “Like in 2021, our 2022 program considered vehicles that are newly redesigned, …
After two weeks of declines and months of growth for used vehicle wholesale prices, the market saw prices flatten for the week ending on January 25, based on Canadian Black Book’s latest update. “The Canadian used wholesale market saw prices …
A new update from DesRosiers Automotive Consultants (DAC) reveals that Canadian light vehicle production hit record lows in 2021, but they remain “cautiously optimistic” due to some hopeful examples from OEMs. “The Canadian light vehicle assembly sector has been through …
To mark his 60th birthday, Global Automakers of Canada President David Adams is seeking donations for a cycling event to raise money for a charity for kids with cancer. Adams, who turns 60 on February 15, will be among 100 …
The Greater Toronto and Hamilton Area (GTHA) will receive $2 million in funding by the Ministry of Natural Resources Zero Emission Vehicle Infrastructure Program to help pay for 294 electric vehicle charging stations. The announcement was made on January 25 …
The Canadian Automobile Dealers Association (CADA) has been pushing for fair tax treatment on the automobile deductions front and, in a win to dealers across the country, received some good news in December 2021 from the Department of Finance Canada. …
Charles Parent is now the new president of iA Auto Finance, the company announced in January. “This is very promising for our future,” said iA Auto Finance in a news release. They company describe Parent as a trained actuary with …
Iceberg Finance is now fully integrated with Dealertrack. The latest update from the company is big news for its customers, as dealers can now submit their finance applications entirely through the Dealertrack platform. “You no longer need to go through …
Looking back at 2021, the impact of the pandemic on light vehicle sales in each province was unevenly spread, according to DesRosiers Automotive Consultants (DAC). “The semiconductor shortage ensured that provincial markets were not governed solely by local economic performance,” …
In a slight change from what may feel like the “new normal,” the Canadian used wholesale market saw prices slightly decline for the week ending on January 18. According to Canadian Black Book’s latest automotive market update, prices for the …
A change in regulations in British Columbia paved the way for multi-unit residential buildings and commercial charging networks in the province to earn carbon credits, helping them offset the cost of installing and operating electric vehicle charging equipment. According to …
